About the company

Computer age management services provide services to mutual funds and other financial institutions. They are a technology-driven financial infrastructure with over two decades of experience. It is India’s largest registrar and transfer agent of mutual funds with an aggregate market share of 69.4% based on mutual fund average assets under management (“AAUM”) managed by their clients and serviced by them during November 2019, according to the CRISIL Report.

Their mutual fund clients include four of the five largest mutual funds as well as nine of the 15 largest mutual funds based on AAUM during November 2019

As of July 2020, they serviced ₹19.2 trillion of AAUM of 16 mutual fund clients, according to the CRISIL Report.

Industry overview

The AUM has risen at a CAGR(Compounded annual growth rate) of 17.4%, from ₹1.1 trillion as on March 31, 2000 to ₹23.8 trillion as on March 31, 2019.

The industry’s growth came against the backdrop of an expanding domestic economy, robust inflows and increased participation, especially by individual investors.

Between financial year 2014 and financial year 2019, the industry witnessed a net inflow of ₹9.6 trillion. The strong growth of the mutual fund industry can largely be attributed to higher financial savings combined with growing investor awareness of such products.

The following table sets forth the individual market share of the top AMCs for the periods indicated:

Fund housesTotal AAUM (March 2019) (billion)Total AAUM market share (March 2019) (%)
HDFC Mutual Fund342514%
ICICI Prudential Mutual Fund321313.1%
SBI Mutual Fund284111.6%
Aditya Birla Sun Life Mutual Fund246710.1%
Nippon India Mutual Fund23439.6%
Total (Top 5)1428958.4%
UTI Mutual Fund15976.5%
Kotak Mahindra Mutual Fund15036.1%
Franklin Templeton Mutual Fund11994.9%

Promoters

Great Terrain Investment Ltd is the promoter of the company.

Strengths

a. Largest Infrastructure and Services Provider in a Large and Growing Mutual Funds Market

b. Integrated Business Model and Longstanding Client Relationships with Mutual Funds Services Business

Management

Dinesh Kumar Mehrotra : Chairman and Independent Director

He is an Indian businessperson who has been the head of 11 different companies. Non-Executive Chairman of UTI Asset Management Co. Ltd., Chairman of Metropolitan Stock Exchange of India Ltd., Chairman of LIC HFL Care Homes Ltd. and Chairman of LIC Sri Lanka Ltd. Dinesh Kumar Mehrotra is also on the board of 8 other companies

Anuj Kumar is the Whole time Director and CEO

Financial strength  

 June 30,20202020 201920182017
ASSETS(cr)834.4802.5736.3697.9584.9
REVENUE(cr)163.4721.3711.4661.4502.6
PROFIT/LOSS(cr)40.5172.4130.9146.3124.2
EPS(cr)8.3735.5426.7529.9325.32

Objective of the offer

(i) To carry out the Offer for Sale of up to 18,246,600 Equity Shares by the Selling Shareholder;

(ii) achieve the benefits of listing the Equity Shares on the BSE

Competitors

Market share as percentage in the industry.

IPO Details

IPO dateSep 21 – Sep 23 (2020)
Issue size2,244 Cr(18,246,600 Eq shares)
Listing price band1229 -1230 per equity share
Face value10 Rs
1 Lot size12 shares
Retail portion35%
Minimum quote14,760 Rs
Maximum quote1,91,880 Rs
Listing inBSE only
Offer opens onSep 21, 2020
Offer closes onSep 23, 2020
Credit of shares in demat accountOct 30,2020
Listing dateOct 1, 2020

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1 Comment

erotik izle · November 13, 2020 at 4:07 am

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